Tom Sosnoff: Talking risk aversion at TEDx in Chicago

Early on in his life, Tom Sosnoff was a bad gambler. Like most people, he took risk without understanding the likely outcomes, and as a result, he failed. What separates Tom from the rest of the pack was he learned from these experiences, and now understands how to identify and quantify risk. Where most people see failure, Tom sees opportunity. Tom Sosnoff believes success is impossible without taking on risk.

Tom recently gave a Tedx Talk at the University of Chicago. During his presentation, he cited personal examples of his experiences, when he passively took on risk. Tom believes, if a person can understand risk, they are capable of seizing opportunities that would otherwise pass them by.

Today, Tom Sosnoff boasts the creation of the trading platform thinkorswim, and tastytrade, the fastest growing financial media in the world. He owes it all to his previous experiences with risk.

Tom’s concern, however, is the fact that the current generation is inherently risk averse, which is why we are currently experiencing the lowest level of entrepreneurship in the last 30 years.

Watch his full presentation here:

Follow this link to watch other speakers at the TEDx Talk at the University of Chicago! And don't forget to watch Case Sosnoff's TEDx Talk here!

Earning a certain average profit per month by selling premium is something of interest to many investors and traders. Until now, no one knew how much extrinsic premium needed to be sold to generate a targeted average monthly profit. We’re about to change that.

One similarity tastytraders share is enjoying stories from market veterans who helped pave the road we hope to build upon. Tom recently sat down with his uncle, famed investor Martin Sosnoff to discuss how Martin became involved in markets and his approach to investing.

Since Dylan last graced Chicago with his presence, markets have become a bit more choppy. Today’s Truth or Skepticism largely focused on potential opportunities and how Tom is positioning his portfolio.

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